Lamb Weston (NYSE:LW) Price Target Raised to $63.00 at Stifel Nicolaus

Key Points

• Stifel Nicolaus has raised Lamb Weston's price target from $61.00 to $63.00, maintaining a "hold" rating, indicating a potential upside of 0.38% from the stock's previous close.
• Analysts from several firms have given varying price targets, with Barclays setting a target of $68.00 and Bank of America setting a target of $66.00, while Lamb Weston has an average target price of $65.70.
• Lamb Weston reported quarterly earnings of $0.74 per share, surpassing the consensus estimate by $0.21, with revenue of $1.66 billion, also exceeding expectations.

Lamb Weston (NYSE:LW - Get Free Report) had its price target raised by research analysts at Stifel Nicolaus from $61.00 to $63.00 in a research report issued to clients and investors on Wednesday,MarketScreener reports. The brokerage currently has a "hold" rating on the specialty retailer's stock. Stifel Nicolaus' target price points to a potential upside of 0.38% from the stock's previous close.

Several other research firms also recently issued reports on LW. Barclays upped their price objective on Lamb Weston from $61.00 to $68.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. Cowen reissued a "hold" rating on shares of Lamb Weston in a research report on Wednesday. Bank of America increased their price target on Lamb Weston from $60.00 to $66.00 and gave the stock a "neutral" rating in a report on Wednesday. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Lamb Weston in a research report on Saturday, September 27th. Finally, Sanford C. Bernstein set a $65.00 price target on shares of Lamb Weston and gave the company a "market perform" rating in a research report on Wednesday. Four investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, Lamb Weston currently has a consensus rating of "Hold" and an average target price of $65.70.

Lamb Weston Stock Performance

NYSE LW opened at $62.76 on Wednesday. The firm has a 50-day moving average price of $56.07 and a two-hundred day moving average price of $54.22. Lamb Weston has a 12-month low of $47.87 and a 12-month high of $83.98. The company has a market capitalization of $8.75 billion, a P/E ratio of 30.03, a P/E/G ratio of 4.26 and a beta of 0.52. The company has a quick ratio of 0.68, a current ratio of 1.49 and a debt-to-equity ratio of 2.05.

Lamb Weston (NYSE:LW - Get Free Report) last announced its quarterly earnings data on Tuesday, September 30th. The specialty retailer reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.21. Lamb Weston had a return on equity of 28.08% and a net margin of 4.56%.The firm had revenue of $1.66 billion during the quarter, compared to analysts' expectations of $1.62 billion. During the same period in the previous year, the firm earned $0.88 EPS. The company's quarterly revenue was up .3% compared to the same quarter last year. Lamb Weston has set its FY 2026 guidance at EPS. Analysts anticipate that Lamb Weston will post 3.1 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. ST Germain D J Co. Inc. raised its position in shares of Lamb Weston by 64.2% during the second quarter. ST Germain D J Co. Inc. now owns 537 shares of the specialty retailer's stock valued at $28,000 after buying an additional 210 shares during the last quarter. Teachers Retirement System of The State of Kentucky lifted its position in shares of Lamb Weston by 2.0% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 10,971 shares of the specialty retailer's stock worth $585,000 after purchasing an additional 219 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in Lamb Weston by 4.0% in the first quarter. Concurrent Investment Advisors LLC now owns 5,984 shares of the specialty retailer's stock worth $319,000 after buying an additional 230 shares in the last quarter. CX Institutional raised its stake in shares of Lamb Weston by 28.7% during the 2nd quarter. CX Institutional now owns 1,165 shares of the specialty retailer's stock worth $60,000 after acquiring an additional 260 shares in the last quarter. Finally, IFP Advisors Inc grew its position in Lamb Weston by 14.5% during the 2nd quarter. IFP Advisors Inc now owns 2,138 shares of the specialty retailer's stock worth $111,000 after purchasing an additional 271 shares during the last quarter. 89.56% of the stock is owned by institutional investors.

About Lamb Weston

Lamb Weston Holdings, Inc produces, distributes, and markets frozen potato products worldwide. The company operates through four segments: Global, Foodservice, Retail, and Other. It offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand, as well as under various customer labels.

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